Landlords
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UK house sellers last year made on average £91,820 more than they had originally paid for their property, according to new data. Analysis shows that the average seller made a 42% gross profit last year on their sale – the lowest return since at least 2015, according to the property firm Hamptons. While price gains were lower,…
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The number of renters put at risk of homelessness by landlords selling their home has increased by a third since the end of last year, according to analysis. Between April and June, 7,130 privately rented households in England qualified for council support to prevent homelessness after their landlord decided to sell the property. This was…
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